The Glade 4.0

Does that mean they're going to stop collecting taxes since they're out of business?

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Holy shitsnacks!

Of course not. Nothing is really "shutting down."

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“The duty of a patriot is to protect his country from its government.” - Thomas Paine

But... the news says the government is shut down.

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Holy shitsnacks!

Ok, so a few things may close.

But "essential" workers still work.

Military still works.

Post office still works.

Schools still run.

Medicare and Social Security still run.

So... what gets shut down that really matters?

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“The duty of a patriot is to protect his country from its government.” - Thomas Paine

The government! Its shut down!

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Holy shitsnacks!

**** it, I'm not going to work either!

I'm surprised that wasn't a thread before now. You guys are slipping.

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"...the line dividing good and evil cuts through the heart of every human being. And who is willing to destroy a piece of his own heart?" -Aleksandr Solzhenitsyn

The National Parks are shut down.

Theodore cries.

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The U. S. Constitution doesn't guarantee happiness, only the pursuit of it. You have to catch up with it yourself. B. Franklin

"A mind needs books like a sword needs a whetstone." -- Tyrion Lannister, A Game of Thrones

ANARCHY!!!

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The "shutdown" only furloughs 25-30% of federal workers.

I'm curious though, do you think that failure to pass a budget should mean the government shuts down everything? As in, the military stops being supplied and commanded and everyone has to fend for themselves, the border stops being patrolled, laws stop being enforced, the courts no longer function, etc.?

25% isn't even close to a shutdown but clutch my pearls the media and the government must act like it is.

Oh dear lord .....wait nothing I actually care about is affected...say why do we pay for this stuff anyway?

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"...but there exists also in the human heart a depraved taste for equality, which impels the weak to attempt to lower the powerful to their own level and reduces men to prefer equality in slavery to inequality with freedom." - De Tocqueville

Welcome to why the government didn't want the shutdown to happen.

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Buckle your pants or they might fall down.

Theodore was too awesome to cry.

Ok, so I live in MD, where pretty much everyone seems to work for the fed government, or for a company that works for the fed government. we're projected to take a 15mil hit to the economy per day of shut down. it's a liberal state where obama can do no wrong and republicans can do no right.

And yet, everyone seems to be just rolling their eyes and not giving a crap.

Teddy cried ALL the time.

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Those weren't tears that was pure manliness leaking out of the weakest parts of his structure.

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"...but there exists also in the human heart a depraved taste for equality, which impels the weak to attempt to lower the powerful to their own level and reduces men to prefer equality in slavery to inequality with freedom." - De Tocqueville

I'll allow it.

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I can tell you that it's a reasonably big deal in the finance world, though exactly how big will depend on the duration of the shutdown. We just went pencils-down on a couple of billion dollar deals because they involve the DOE and we can't go forward without them. Also, some pretty major reforms of the OTC derivatives markets are supposed to kick in tomorrow, but the CFTC is down to a skeleton crew during the shutdown, so the banks and dealers trying to implement that stuff are feeling a bit jittery about what they're supposed to do. Hopefully the shutdown will be short, and no deals will outright die, but if this drags on for a few weeks, we're going to see billions and billions of dollars worth of investment go elsewhere.

OMG!!

Seriously, if it goes on for weeks and weeks, I think people will start to care, but right now - no.

Good.

Here's hoping that that it takes forever. I'm for whatever it takes to convince Washington that our wallets are not their property. The well should be considered dry, time for plan B ... which should be like what happens everywhere else when times are tough - it's time to tighten the belt and spend less.

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In time, this too shall pass.

When you're talking about markets that ebb and flow in part based on the mood of the traders, it's not a good thing when those guys are feeling jittery. I was sitting in a room with a bunch of big-wigs from a major derivatives dealer yesterday, listening to them arguing about "what the **** we're supposed to be doing as of Wednesday" and whether or not to shift more of their trades into transactions that aren't subject to the new regs until the details get hashed out. Most of that's just the result of having to adapt to a new regulatory structure anyway, but the shutdown exacerbates the situation. I'm not saying it's the end of the world; I'm just saying that uncertainty is not good for the markets.

Effects to Me & Mine of Gov't Shutdown:
The sale of my home will be delayed as they were getting federal loan assistance.
My close friend mentioned here will have to stop his PT since the BAMC PT staff are civilians and deemed non-essential

I disagree with that view, but that's fine. I'm not arguing the merits; I'm just pointing out that there are some significant second-order effects to the government shutdown beyond whether or not the mail gets delivered.

If you didn't have the regulating you wouldn't have to worry about it in the first place.

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"...but there exists also in the human heart a depraved taste for equality, which impels the weak to attempt to lower the powerful to their own level and reduces men to prefer equality in slavery to inequality with freedom." - De Tocqueville

True, but on the other hand, we'd all be living in some sort of Road Warrior / BioShock-style dystopia by now too. So, you know...pros and cons, I guess.

Sure, dystopia...

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"...but there exists also in the human heart a depraved taste for equality, which impels the weak to attempt to lower the powerful to their own level and reduces men to prefer equality in slavery to inequality with freedom." - De Tocqueville